Europe
Trichet: EU Enlargement challenges & opportunities
In a speech on 'EU Enlargement: challenges and opportunities' given on 27 October, Jean-Claude Trichet of the ECB said the eurozone economy was likely to continue growing at its current pace, but noted that high oil prices could dampen the speed of the…
ECB's Garganas: little effect on exports from euro
European Central Bank council member Nicholas Garganas said in an interview the euro's appreciation against the dollar this month probably won't hurt European exports and will help offset the effects of surging oil prices on the economy.
The ECB - History, role and functions
The European Central Bank published a book on its history, role and functions on Monday. The publication looks at the ECB from legal, institutional and organisational standpoints.
Trichet's statement to EP on ECB's Annual Report
In a statement to the European Parliament on the ECB's Annual Report 2003 on Monday 25 October, Jean-Claude Trichet said the eurozone economy was likely to continue growing at its current pace, but noted that high oil prices could dampen the speed of the…
Prodi labels EU bid to catch US economy a failure
Europe's efforts to catch up to and then outpace the US economy have been "a big failure," the outgoing head of the European Union executive commission, Romano Prodi, told the Financial Times in an interview.
Papademos at Third ECB Central Banking Conference
In his opening address at the Third ECB Central Banking Conference 'The new EU Member States: convergence and stability' on 21 October, Lucas Papademos said there is a risk that reform fatigue will set in after EU accession, because the incentive for…
Interview with ECB's Gonzalez-Paramo
In an interview published this week, ECB Executive Board member Jose Manuel Gonzalez-Paramo speaks out firmly against changing the wording of the Stability and Growth Pact, saying: "The Pact is a cornerstone of the currency union. Nobody had questioned…
MEPs set to discuss ECB performance with Trichet
MEPs are to debate the performance of the European Central Bank with Jean-Claude Trichet on 25 October when they consider a draft report from Alain Lipietz (Greens/EFA, FR) for the Economic and Monetary Affairs Committee.
Third ECB Central Banking Conference
The Third ECB Central Banking Conference on "The new EU Member States: convergence and stability" will begin on Thursday 21 October in Frankfurt am Main. Discussions include "The economic and structural transformation of the new EU Member States" and …
Report on the efficiency of the ECB's management
The European Central Bank on Friday 15 October published the report prepared by the European Court of Auditors on the operational efficiency of the management of the ECB for the financial year 2003, together with the ECB's reply to it. The report noted…
ECB chief sees uncertainties for eurozone outlook
In an interview on Friday 15 October, European Central Bank president Jean-Claude Trichet said that high oil prices were increasing uncertainties about the economic outlook for the eurozone, although the bank still expects the recovery to continue.
ECB Monthly Bulletin, October 2004
The European Central Bank published its October 2004 Monthly Bulletin on Thursday 14 October, saying that record oil prices are threatening to slow the pace of the economic recovery in the dozen nations sharing the euro.
Trichet rules out 'corrective arm' on pact
In a speech on Tuesday 12 october, ECB president Jean-Claude Trichet, addressing a conference on the euro, voiced renewed opposition to any moves that might make it easier for eurozone members to breach their 1997 Stability and Growth Pact.
ECB's Trichet sees 'gradual' economic recovery
European Central Bank president Jean-Claude Trichet said in an interview published on Monday 11 October that the economic recovery in the eurozone has remained gradual and that the central bank's analysis of the situation was balanced.
Current level of euro not a problem: EU's Almunia
Speaking at a European Commission conference on the euro, EU Economic and Monetary Affairs Commissioner Joaquin Almunia said on Monday 11 October that the current level of the euro against the dollar is not a problem.
ECB's 'gouverning council'
Who said the English language was taking over Europe? The European Central Bank's governing council met in Brussels yesterday, instead of Frankfurt. The bank always works in English but, according to the FT's observer column, the sign above ECB president…
ECB press conference with questions and answers
At the ECB's press conference on Thursday 7 October, following its decision to leave eurozone interest rates unchanged, Jean-Claude Trichet said the ECB's Governing Council is convinced that substantial improvements in the implementation of the Stability…
ECB's Issing on European economic outlook
In a speech on 'Outlook for the European Economy' given on 3 October, Otmar Issing of the ECB said he sees no indication of lasting inflation even after rising oil costs pushed the inflation rate above the bank's 2 percent limit in the past five months.
ECB's Trichet on key issues for monetary policy
In a speech on 'Key issues for monetary policy: an ECB view' given on 5 October, Jean-Claude Trichet of the ECB said his understanding is that the European Central Bank and Federal Reserve are much closer than is sometimes underlined. But he noted…
Padoa-Schioppa on challenges of market building
In a speech on 'The European Union and the Russian Federation: Challenges of market building' given on 28 September, Tommaso Padoa-Schioppa of the ECB said the Bank of Russia and the Eurosystem have entered into a dialogue on the whole range of central…
Is the euro good for Europe?
The euro has existed as a currency for over five years now, and notes and coins have been in circulation for over two. This article asks whether the coin of the realm in 12 European countries has accomplished its goals.
ECB's Issing on strengthening economic governance
In a speech given on 28 September, Otmar Issing of the ECB defended the Eurozone's Stability and Growth Pact, saying it was "appropriate in its present form".
Trichet on current issues on the ECB and the euro
In a speech on 'Current issues on the European Central Bank and the euro' given on 27 September, Jean-Claude Trichet of the ECB said the ECB has never overreacted to economic data and developments, and has therefore ensured that the euro zone economy is…
ECB member warns on oil price impact to growth
European Central Bank governing council member Vitor Constancio warned on Tuesday 28 September that high oil prices have not yet hurt global economic growth rates and inflation but the risks of a negative impact on both are real.